Franklin is a larger medium-sized city located in the state of Tennessee. With a population of 86,895 people and 21 associated neighborhoods, Franklin is the seventh largest community in Tennessee. Much of the housing stock in Franklin was built relatively recently. The construction of new real estate can often be taken as an indication that the local Franklin economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Franklin, where the median household income is $106,592.00.

Franklin home prices are not only among the most expensive in Tennessee, but Franklin real estate also consistently ranks among the most expensive in America.

Also of interest is that Franklin has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Franklin is also a city of artists. Franklin has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Franklin’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.44% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Another interesting thing about Franklin, despite not being a huge city, is that there is a relatively high proportion of people living here who are young, single, and upwardly-mobile professionals. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Franklin. 63.44% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Franklin in 2018 was $54,946, which is wealthy relative to Tennessee and the nation. This equates to an annual income of $219,784 for a family of four.

Franklin is a very ethnically-diverse city. The people who call Franklin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin residents report their race to be White, followed by Asian. Important ancestries of people in Franklin include English, German, Irish, Scottish, and Italian.

The most common language spoken in Franklin is English. Other important languages spoken here include Spanish and Langs. of India.